Global Truck Platooning Market 2021-2026

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    Truck platooning is the use of connection technologies and automated driving support systems to join two or more vehicles in a convoy. When these cars are connected for specific sections of a journey, such as on highways, they automatically maintain a fixed, tight distance between each other. Vehicle that follows behind The lead vehicle.


    The truck in the front of the platoon serves as the platoon’s leader, with the vehicles behind reacting and adapting to changes in its movement – requiring little to no effort from drivers. In the first case, drivers will retain control at all times, allowing them to leave the platoon and drive alone.


    infographic: Truck Platooning Market, Truck Platooning Market Size, Truck Platooning Market Trends, Truck Platooning Market Forecast, Truck Platooning Market Risks, Truck Platooning Market Report, Truck Platooning Market Share


    Truck platooning has the potential to make future road transportation safer, cleaner, and more efficient. As a result, truck manufacturers are keen to bring these platoons to European highways, and the first real-world experiments are already underway.


    Truck platooning saves fuel and reduces CO2 emissions. Because trucks may travel closer together, air-drag friction is considerably decreased. Platooning can cut CO2 emissions from following cars by up to 16% and from the lead vehicle by up to 8%.


    The advantages of a system in which vehicles may travel on highways with pre-set spacing between them utilizing autonomous technology are simple to grasp. Using modern technology, vehicles may create coordinated, precisely spaced convoys and therefore move closer together over long distances, reducing air drag friction, fuel consumption, and expenses.


    Platooning vehicles together is a way of improving road capacity. Platoons use electrical, and potentially mechanical, connection to reduce the distance between automobiles or trucks. This feature allows many vehicles or trucks to accelerate or halt at the same time. Vehicles may follow each other more closely than they could previously.



    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Alberta highways used in national study to test automated truck convoys Starting in November the Queen Elizabeth II highway to Edmonton and the Trans-Canada highway to Banff will have select long haul trucks travelling nose to tail that will appear far too close together to passing drivers. But it’s a more efficient way of hauling goods because that short distance apart will result in a smoother traffic flow, higher traffic safety, fuel savings and a reduction in CO2 emissions. Canada This would enhance better Emission Controls




    SI No Timeline Company Developments
    1 May 2021 UM-Dearborn UM-Dearborn have collaborated with Auburn University in order to demonstrate a clear market case for the application of semi-autonomous technology in the trucking industry.
    2 March 2021 Volvo Volvo has partnered with Aurora in order to accelerate the deployment of autonomous transport solutions.
    3 January 2021 JRSL James Richardson & Sons Limited and Wescan Capital have announced that JRSL has acquired 100% of the shares of Bison Transport and its affiliated Companies.
    4 January 2021 Paccar Paccar and Aurora have partnered to develop Autonomous trucks.


    As original equipment manufacturers (OEMs) attempt to restart production by bringing heavy investments to the market, a significant number of factors are being implemented, including an increase in demand for powerful vehicles with higher carrying capacity to handle weights and strong suspension systems, an increase in demand for fuel-efficient trucks, and strict laws and regulations related to carbon dioxide emissions. The Europe Vehicle Control and Safety Administration established new fuel efficiency criteria for heavy-duty vehicle engines powered by diesel, natural gas, and other fuels.


    The severe emission regulations imposed by governments would fuel the significant market development in the special vehicles category. Because of the increased demand for more fuel-efficient and safer automobiles, automakers are significantly investing in cutting-edge vehicle technology. Truck platooning is one of the sophisticated technologies used by automakers to make trucks more efficient and safer.


    The growth in the frequency of road accidents caused by driver mistake, as well as the increased emphasis on lowering transportation operational costs, are likely to boost demand in the truck platooning industry. Because of the increased need for automated technologies, truck platooning is projected to boost demand in areas such as road construction, transportation, logistics, and information technology. 


    Infographic: Global Truck Platooning Market, Global Truck Platooning Market Size, Global Truck Platooning Market Trends,  Global Truck Platooning Market Forecast,  Global Truck Platooning Market Risks, Global Truck Platooning Market Report, Global Truck Platooning Market Share

    Truck platooning technology is being significantly invested in by industrialized regions such as Europe and North America to meet a variety of people’s demands. The major reasons driving development in European markets are technical improvements such as the integrated use of IoT and the introduction of stringent laws such as ACEA’s EU General Safety Regulation requirements for vehicle safety.



    The Global Truck Platooning Market can be segmented into following categories for further analysis.


    By Truck Application

    • Light Duty Trucks
    • Medium Duty trucks
    • Heavy Duty Trucks
    • Common Usage Trucks
    • Military Trucks


    By Truck Platooning Type

    • Autonomous Truck Platooning
    • DATP


    By System Type

    • Adaptive Cruise Control
    • Automated Emergency Braking
    • Blind Spot Warning
    • Forward Collision Warning
    • Global Positioning System
    • Human Machine Interface
    • Lane Keep Assist


    By Type of Consumption

    • Automatic Crash Notification
    • Emergency Calling
    • Navigation and Infotainment


    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region




    SI no Timeline Company Developments
    1 November 2021 ENSEMBLE The Ensemble project has demonstrated the two versions of platooning viz platooning as support function and platooning as autonomous function.
    2 October 2021 Bison Transport Bison is excited to be involved in the Alberta Motor Transport Association’s (AMTA) Cooperative Truck platooning system project.
    3 September 2021 Bison Transport The Alberta Motor Transport Association will test a pair of platooning trucks on the Alberta Highways between November and April.
    4 September 2021 Locomation Autonomous trucking startup Locomation is set to go with two Class 8 trucks which ultimately operate without a driver in either cab.
    5 June 2021 Locomation Locomation has announced that the motor carrier PGT Trucking Inc is the latest fleet to sign up for its human-guided autonomous truck convoying technology.
    6 May 2021 Daisy Semi-truck fitted with Artificial Intelligence technology will soon roll on Alberta’s Queen Elizabeth II Highway in a test project by the Government of Canada.


    Truck platooning is the technique of coordinating numerous vehicles into a convoy using connective technologies and automated driving systems. It enables all of the vehicles to move extremely close together, with the lead truck controlling the overall pace of the convoy.


    When the truck in front slows down, it immediately sends a signal to the platoon to brake automatically. In theory, the autonomous system’s reaction time would be five times faster than that of a human driver, allowing for significantly shorter following distances.


    The unique Autonomous Relay Convoying (ARC) system includes an AI-controlled follower truck that follows the human-driven leader truck using its own vision and information transmitted through dedicated short-range inter-vehicle communication (DSRC).


    According to Locomation, the following truck is aware of its surroundings and is aware of possible hazards, but it leaves most of the high-level driving choices to the human and is mainly concerned with imitating the moves of the lead truck.


    ARC is expected to provide several benefits due to aerodynamic-drag improvements and precise control of the vehicle by the autonomous driving system, including an estimated 30 percent or more reduction in operating cost per mile, an 8 percent reduction in fuel expense, a 2x increase in freight density per lane, and annual CO2 emissions cuts of 41 metric tonnes per tractor.


    Human-guided autonomous convoys, according to Locomation, provide a “solid growth path” for higher levels of automation in the future. Nonetheless, vehicle platooning has its own set of risks.




    The truck platooning and driver productivity concept of Peloton Technology Inc. is being expanded.


    A driverless, completely automated following truck and a driver-controlled lead truck in a platoon are connected through a system called Automated Following that the Mountain View, California-based company is creating.


    According to Peloton, the lead truck, which would be operated by a human, would use the V2V wireless signal to connect the safety systems between the trucks with a low latency. The lead truck’s steering, acceleration, and radar-based braking would be controlled by the lead truck, which would have SAE Level 4 capabilities for highly autonomous driving.


    The driver of the following truck steers and keeps an eye on the situation in Peloton’s current Platoon Pro (an SAE Level 1 system), but the system manages the powertrain and brakes to precisely manage the following distance and to provide quick response to any acceleration or braking the lead truck makes.


    Platoon Pro is now used by six customers, and Peloton announced that more client fleet trials are in progress but did not name the fleets.



    Wilson Logistics, a trucking and logistics firm based in Springfield, Missouri, and Locomation, a developer of autonomous-trucking technology, have announced a multiyear agreement.


    Wilson Logistics’ vehicles will be equipped with Locomation’s Autonomous Relay Convoy (ARC) technology. This spring, the deal will go into effect.


    According to a statement from Locomation, the three-year pilot programme will use “human-guided autonomous convoying,” in which two-truck convoys with one driver in the lead truck controlling the second vehicle would be used.


    Along 11 predetermined routes where Wilson operates, 62 two-truck convoys will begin the nationwide experiment.


    Wilson Logistics, will advance significantly with the help of Locomation. “We’ll make big achievements in reducing our energy consumption while boosting our safety,” . “Not only will we increase our asset utilisation and network efficiency.


    Wilson emphasised that a driver will be in the trailing vehicle at all times throughout the pilot, even though it is being driven autonomously.




    SI No Timeline Company Updates
    1 Q3-2021 Daimler The group revenue of Daimler at the end of the third quarter was €40.1 billion and in 2020 the revenue was €40.3 billion.
    2 Q3-2021 Volvo At the end of the third quarter the net sales of Volvo was SEK 85.25 billion and in the previous year the net sales was SEK 71.54 billion.
    3 Q3-2021 Paccar At the end of the third quarter the net income of Paccar was $377.7 million and the net sales and revenues was $5.15 billion.
    4 September 2021 Man truck and bus In Nuremberg, Man’s new group has started the construction of their production site.
    5 August 2021 Volvo Volvo trucks has acquired the heavy duty truck manufacturing JMC Heavy Duty Vehicle Co. Ltd. in China.


    The safe situation is only possible in platoons with controllers since their response time is faster than that of human drivers. However, safety conditions are still being investigated due to potential hazards regarding communication failures.


    These risks also highlight the need to improve the dependability of the systems engaged in this sort of work. With the maturation of vehicle-to-vehicle (V2V) communication systems, cooperative adaptive cruise control (CACC) was introduced and has become the cornerstone of truck platooning.


    Volvo Group is part of the most recent developments within the Truck Platooning technologies of implementation within the real time operational space. The Volvo’s CACC technology is an improvement to current Adaptive Cruise Management (ACC) technology that allows for tighter and more precise control of the space between trucks while also increasing safety.


    The sophisticated technology that enables platooning is intended to supplement rather than replace trained professional truck drivers. The advantages of platooning using CACC include faster reactions to severe braking while preserving safety, greater longitudinal control when following in a lane, lower emissions, and improved traffic flow.


    The US Department of Transportation/Federal Highway Administration Advanced Research Program and Caltrans are funding the CACC technology being developed in collaboration with PATH. Cambridge Systematics, Inc., the Los Angeles County Metropolitan Transportation Authority, and the Gateway Cities Council of Governments are other project partners.


    MAN trucks is part of the new development within the global market for truck platooning which is aimed at better efficiency of operations. Convoys that are well-planned and run via a wireless local area network (WLAN) actually reduce traffic congestion. Two trucks require just 50 metres of space instead of 90 metres.


    Trucks travelling in a convoy take use of the slipstream of the vehicle ahead. Platoon trucks are currently kept at a spacing of 15 to 21 metres apart. A decrease of 10 to 15 metres may boost fuel savings from four percent to ten percent.


    The slipstream impact would be enhanced if the GPS-based cruise control capabilities (MAN Efficient Cruise, MAN Efficient Roll) were employed, which was not feasible during the practical testing owing to limitations imposed by the authority.


    Platooning technology is largely based on tried-and-true support technologies that are currently in use in regular MAN trucks. These include the ACC adaptive cruise control, the EBA emergency braking system, a serial radar, and a serial camera.



    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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